Aggreko plc
Aggreko: H1 trading statement
The trading statement was positive in tone but contained few solid numbers apart from the very encouraging $32m in extra revenue from storm damage in the US.
More importantly there has been strong growth in several businesses including underlying growth in the US (i.e. excluding the one-off benefit of the storm damage).
In addition Aggreko also said […]
Aggreko: 2005 results
Aggreko grew strongly on the back of strong growth in North America, Asia and South America. There was a significant boost from the hurricanes in the US but even stripping out the effect of this there was underlying revenue growth of 25% and trading profit growth of 19% (both at CER).
Given that North American […]
Aggreko trading statement
A brief trading statement suggests that a lot is now going right Aggreko (which supplies power, heating, air conditioning and compressed air systems on rent) - after an extended period of disappointments.
The better than usual revenues from the North American storm season are not surprising given the extensive destruction seen this year. The company has […]
Aggreko H1 results
Aggreko continues to perform poorly in Europe. Although sales increased slightly profits fell. High fuel prices discouraged customers from renting generators (as the cost of running them increased). Although the price rises increased revenues from fuel sales, this obviously also increased costs so the overall effect was to reduce margins fairly drastically.
Margins improved in the […]
Aggreko
Despite a difficult first half in 2004, Aggreko (which supplies power, heating, air conditioning and compressed air systems on rent) increased turnover 6.5% at constant currency. This excludes revenues which represent costs reimburesments of costs for which a customer is liable. Trading profit was up 19% at constant currency
The biggest disappointment has been […]
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